Nestled in the heart of Ngatea, Hauraki, the property at 17 Orchard East Road is a quintessential example of mid-20th-century architecture, boasting a freehold title. This residential dwelling, constructed in 1966, features three bedrooms and one bathroom, spread across a floor area of 83 square meters. The property sits on a generous land area of 1012 square meters, presenting a level contour that is ideal for family activities or future landscaping projects. The exterior walls are made of wood, and the roof is constructed of iron, both in average condition, reflecting the property's age and authenticity.
The capital value (CV) of this property has remained stable at $540,000 as of September 2021, with no increase recorded from the previous assessment in July 2021. Despite this, the property's market appeal is evident in its recent sale on January 16, 2024, for $480,000, slightly below the HouGarden AVM estimate of $530,000. This indicates a keen interest in the area and the potential for future value appreciation.
Education is a cornerstone of the Ngatea community, and 17 Orchard East Road falls within the zones for Hauraki Plains College and Ngatea School. Hauraki Plains College, catering to secondary students from Year 9 to 15, holds a decile rating of 5, indicating a mid-range socio-economic school community. Ngatea School, serving full primary education, boasts a slightly higher decile rating of 6. These schools provide solid educational foundations, making this property an attractive option for families prioritizing quality education.